Tag Archives: apartment

New life: Transforming outdated office buildings into apartment towers, high-end retail

A flurry of new development is hitting the Chicago office market, with much of it focused on turning outdated Class-C buildings into apartments, hotels, retail and student housing. Continue reading

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Veteran CRE pro: Milwaukee has a good story to tell

by Dan Rafter Two of the biggest construction projects in Milwaukee’s history are now underway at the same time. To little surprise, this is providing a boost to the city’s economy and commercial real estate market. Construction is now taking … Continue reading

Posted in industrial real estate, Milwaukee commercial real estate, multi-family, office, retail, Wisconsin commercial real estate | Tagged , , , , , , , , , , | Leave a comment

Apartment rents rising, vacancies falling in Columbus

by Dan Rafter The economy in Columbus, Ohio, continues to improve, with unemployment falling. This is bringing more residents to the city, especially its downtown urban areas. And like many cities across the Midwest, this is resulting in an increased … Continue reading

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RENTCafe study: Apartment rents in Cleveland some of the most affordable in the country

by Dan Rafter Renters looking for an affordable apartment unit in a big city might want to try Cleveland. Despite the recent increase in retailers and restaurants opening in downtown Cleveland, renting an apartment unit in the city still remains relatively affordable, … Continue reading

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Rising employment rate provides boost to Columbus apartment market

by Dan Rafter Employers in Columbus are adding to their work forces. This has led to a growing number of households in the Columbus, Ohio, market. And when the number of households increases? That inspires developers to add apartment units … Continue reading

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Turning condos into apartments can make good money for developers, investors … if they avoid the pitfalls

  by Dan Rafter David Bloomberg has seen the trend: Developers and investors are eagerly seeking to acquire condo buildings and turn them into apartments. This de-conversion trend is taking hold across the Midwest, and developers and investors stand to … Continue reading

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Freddie Mac prediction: 2016 will be another big year for multifamily

by Dan Rafter More than 300,000 multifamily units entered the market across the United States in 2015, according to Freddie Mac’s 2016 Multifamily Outlook report. That’s the most new apartment units in a single year since 1989, according to Freddie … Continue reading

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